From the following details provided by Trinidad Inc.Calculate the Merchandise Inventory turnover ratio for the year 2015.
Definitions:
Flexibility
The ability to adapt quickly and effectively to changing conditions and circumstances.
Market Failure
A circumstance in which a free market's distribution of goods and services is inefficient, frequently warranting intervention by the government.
Contract Failure
A situation where the market fails to provide an efficient outcome, leading to a gap that nonprofits often aim to fill.
Open System
An organizational or systemic concept where continuous interaction with the environment is necessary for sustainability and growth.
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